COVID-19 has accelerated a number of 'mega' consumer trends and halted others, according to the strategic market insight provider Euromonitor International, providing insight into how consumers' shopping habits are being shaped in the short...
CBD specialist Elixinol Global has managed to hit its capital raising target of AUD$11m (US$7.3m) following a two-stage fund raising exercise, which it believes is a proof of how its CBD supplements have resonated with its investors.
Based on strong sales of its cleaning products, The Clorox Company has increased its stock dividend. But supply bottlenecks meant sales of the company’s dietary supplements fell, bucking an industry trend.
Network marketing giant Herbalife has announced an agreement in principle with US authorities over a bribery scandal in China. The reported pact, which includes a $123 million fine, was part of the company’s first quarter earnings report, which came...
Supplement retailing giant GNC seems to have prevailed in its high stakes negotiations with its lenders. Bloomberg Law reported yesterday that the company won a postponement until August of a major payment that could have caused the company to sink into...
GNC announced yesterday that is has received a notice from the New York Stock Exchange that is out of compliance with listing requirements because its stock price has been below $1 a share for more than 30 days.
The US Federal Trade Commission has sent 10 warning letters to network marketing companies whose participants it alleges have been making illegal COVID-19 treatment claims and earnings claims related to the pandemic crisis.
Consumers seem to be turning to hemp and cannabis products during the current crisis, which has buoyed the near term outlook for Curaleaf, one of the largest companies in the sector, which posted strong revenue growth in its recent annual report.
Botanical ingredients have a history of thousands of years of supporting human health. As we enter springtime in the North Hemisphere it's comforting to reflect on the fact that that will still be true even as the current crisis passes.
The $2 trillion stimulus packaged passed unanimously by the US Senate this morning will have important implications for the dietary supplement industry that may help companies survive the worst of the coronavirus crisis impacts.